E Fund Management Hong Kong Co. Ltd. acquired a new stake in Cheetah Mobile Inc. (NYSE:CMCM - Free Report) in the 1st quarter, according to its most recent filing with the SEC. The fund acquired 71,363 shares of the software maker's stock, valued at approximately $305,000. E Fund Management Hong Kong Co. Ltd. owned 0.24% of Cheetah Mobile as of its most recent filing with the SEC.
Analyst Ratings Changes
Separately, Wall Street Zen downgraded shares of Cheetah Mobile from a "buy" rating to a "hold" rating in a research report on Monday, May 5th.
Read Our Latest Research Report on CMCM
Cheetah Mobile Price Performance
Shares of CMCM traded up $0.21 during midday trading on Friday, hitting $4.59. The stock had a trading volume of 51,046 shares, compared to its average volume of 36,917. The firm has a market cap of $139.02 million, a price-to-earnings ratio of -1.73 and a beta of 1.73. Cheetah Mobile Inc. has a twelve month low of $3.02 and a twelve month high of $6.77. The company has a 50 day simple moving average of $4.09 and a two-hundred day simple moving average of $4.53.
Cheetah Mobile (NYSE:CMCM - Get Free Report) last issued its quarterly earnings results on Thursday, June 19th. The software maker reported ($0.14) EPS for the quarter. The business had revenue of $35.69 million for the quarter. Cheetah Mobile had a negative return on equity of 17.83% and a negative net margin of 64.75%.
About Cheetah Mobile
(
Free Report)
Cheetah Mobile Inc along with its subsidiaries, engages in provision of internet services, artificial intelligence, and other services in the People's Republic of China, Hong Kong, Japan, and internationally. The company's internet products include Duba Anti-virus, an internet security application to protect users against known and unknown security threats and malicious applications; and Clean Master, a junk file cleaning, memory boosting, and privacy protection tool for mobile devices.
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